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's economy. at dot, we will need to cut nearly a billion dollars, which will affect dozens of our programs. over $600 million of these cuts will need to come from the federal aviation administration, the agency that controls and manages our nation's skies. as a result of these cuts, the vast majority of faa's nearly 47,000 employees will be furloughed for approximately one day per pay period until the end of the fiscal year, and in some cases it could be as many as two days. today we are sharing more details with our unions and with industry so they can start planning for serious impacts of sequester. here is what these automatic cuts are going to mean for the traveling public. obviously, as always, safety is our top priority, and we will never allow the amount of air travel we can handle safely to take off and land, which means travelers should expect delays. flights to major cities like new york, chicago, and san francisco and others could experience delays of up to 90 minutes during peak hours because we have fewer controllers on staff. delays in these major airports will ripple across
and a lot of damage to the economy. but because it's slower moving, there seems to be less impetus to get a deal done before the march 1st deadline. you're hearing maybe this would all be wrapped up and the continuing spending resolution, if that's not solved by the end of march could result in a government shutdown. there seems to be posturing for negotiating all at once, some time in march. looks like it's possible we'll go past the sequester. >> didn't the gop agree to the sequester deal? and if the gop wanted to stop it, they could have. how do you assess blaming the president for the sequester? >> i'm not sure that's really working out for them because it's true that both sides agreed to this. and now the president is saying, okay, i agreed to this but let's do something about it. the whole idea of the sequester is it would be such a bad thing that neither party would want to go through with it. we can disagree with the logic of even setting this up. but it is true that if you're the party that's refusing to do the negotiation, i think you're the one that looks bad. the fact that bot
are not smart. they're not fair. they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not an abstraction. people will lose their jobs. the unemployment rate might pick up again. >> i will denight president -- i will deny the president -- >> stephanie: boner said washington democrats new found concern about the president's sequester -- he's clever how he keeps calling it -- [ ♪ hypnotic ♪ ] >> obama quester. >> stephanie: social media boys and i came up with that over bourbon. >> and you can tell! >> obama quester. >> stephanie: rolls off the tongue. words alone won't avert it. replacing the president's sequester. there it is again in the second sentence. >> obama quester. hashtag. do you see the hashtag first or after? >> stephanie: i'm doing boner. >> but you probably didn't know either. [ laughter ] >> stephanie: i was mocking him for something -- is this where we break or no? >> yes. good lord. >> stephanie: replace the president's sequester will require a plan to cut spending to put us back on the path to a budget to keep the
to the republicans and say this is not going to be good for the economy or ordinary people, but i don't know if they're going to move and that's what we're going have to keep trying to push over the next seven to eight days. and senator mcconnell said, three months after the election, president obama still prefers campaign events to common sense bipartisan action. not a whole lot of hope in those comments. >> it depends on who you listen to at this point. >> it's a mess either way. >>> moving on to this now. president obama meets at the white house today with japan's new leader, prime minister shinzo abe arrived in washington last night poised to discuss economic ties and security concerns, including the latest threats from north korea. abe is also looking to reinforce the u.s.-japan alliance. he's the fifth japanese prime minister during president obama's time in office. >>> after a bitter political fight, chuck hagel now has enough votes to become the nation's next defense secretary. support from long-time republican senator richard shelby put hagel over the top. shelby says "he's probably as good
the economy and our national security. basically she's cuts could affect our economy and our national security, that is what we're told by the two men on your screen. this is unless lawmakers reach a deal first. so right now the blame game is kicking into high gear in washington. one of the questions is the blame game is happening, what about anything that is going to lead towards compromise? we'll take a closer look at that. plus the disappearance of washington intern chandralevy captured the nation's attention. what court documents are now saying about the man accused of killing her. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. n in washingtonhere is a blame right now over the automatic spending cuts set to go into effect less than two weeks from now. house speaker john boehner in a "wall street journal" editorial writes, president obama invented the sequester saying he came up with the plan for de
Search Results 0 to 6 of about 7 (some duplicates have been removed)